Provided by NWMLS, Bought with Hansen Group Real Estate Inc and Listed by The Foundation Group LLC
Sold
2148 E View Place
Ferndale WA, 98248
$1,937,000
$198.79 per sqft
Sold
9,744 sqft
Multi-family
Built in 1970
Attractive 12-unit walk-up style apartment building for sale in Ferndale, WA. Current cap rate of 5.84%. Built in 1970 property has favorable unit mix of 11x 2B/1B (812SqFt) and 1x 1B/1B(700SqFt). Property had significant exterior capital improvements within last few years making this a simple value-add play. Property is trending to over an 8% proforma cap rate. This is a can't-miss opportunity for the value-add investor looking to grow their portfolio in the desirable and growing Whatcom County market.
2175948
MLSⓇ ID
October 30, 2023
Listed
November 22, 2024
Updated
Map
2148 E View Place
Ferndale WA, 98248
Interior Features
Total Stories
2
Interior Features
Wall to Wall Carpet
Floor Description
Vinyl, Carpet
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Baseboard
Exterior/Building Features
Lot Size
0.45 Acres
Exterior Features
Wood Products
Lot Features
Cul-De-Sac
Roof
Composition
Sewer
Sewer Connected
School Information
School District
Ferndale
High School
Ferndale High
Elementary School
Buyer To Verify
Other Property Details
Area Name
870 - Ferndale/Custer
Taxes
$12,897
Tax Frequency
Annually
Garage
No
Parking Total
19
View
No
County
Whatcom
Water Source
Public
Pool
No
Waterfront
Yes
Listing History
Date | Event | Price |
---|---|---|
2/17/2024 | Sold | $1,937,000 |
12/8/2023 | Pending | — |
The IDX display presents information sourced from the Northwest Multiple Listing Service as of 1/15/2025. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 1/15/2025 at 12:00 PM UTC . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Data last updated on 1/15/2025 at 12:00 PM UTC